Monerium is a financial technology company with the mission of making digital currency accessible, secure, and simple to transact. Monerium is the world's first company authorized to issue regulated e-money on blockchains. Using e-money issued by Monerium, individuals and businesses can store and send programmable digital currency online without going through traditional financial institutions and payment providers.

Monerium is leveraging Algorand because it incorporates key features for many mainstream use-cases, including smart contracts and scaleable proof-of-stake consensus. With the support of Monerium on Algorand, the Algorand community can leverage the fully programmable and redeemable e-money across the EU, Iceland, Norway and Liechtenstein in US Dollars, Euros, British Pounds, and Icelandic krona for straightforward regulatory compliance.